M&A Deal Summary

Mutual Assurance Administrators Acquires Pittman & Associates

On July 22, 2008, Mutual Assurance Administrators acquired insurance company Pittman & Associates

Acquisition Highlights
  • This is Mutual Assurance Administrators’ 1st transaction in the Insurance sector.
  • This is Mutual Assurance Administrators’ 1st transaction in the United States.
  • This is Mutual Assurance Administrators’ 1st transaction in Tennessee.

M&A Deal Summary
Date 2008-07-22
Target Pittman & Associates
Sector Insurance
Buyer(s) Mutual Assurance Administrators
Deal Type Add-on Acquisition

Target

Pittman & Associates

Memphis, Tennessee, United States
Pittman & Associates, Inc. is a provider of insurance products and administrative services.

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Buyer(S) 1

Buyer

Mutual Assurance Administrators

Oklahoma City, Oklahoma, United States
Category Company
Founded 1975
Sector Insurance
DESCRIPTION

Mutual Assurance Administrators Inc. is a third-party administrator specializing in management of employer sponsored benefit programs. Company offers claims administration for self-funded benefit plans, URAC accredited medical management programs, FSA administration as well as other services, including workers’ compensation administration.

DEAL STATS #
Overall 1 of 1
Sector (Insurance) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Tennessee) 1 of 1
Country (United States) 1 of 1
Year (2008) 1 of 1
Mergr

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